Question 7 < Maricopa's Success scholarship fund receives a gift of $190000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5 % interest, bonds pay 2.7 % interest, and stocks pay 8.2 % interest. Maricopa Success invests $ 20000 more in bonds than in CDs. If the annual income from the investments is $ 7200, how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs. Question Help: Video Message instructor Submit Question

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter10: Systems Of Equations And Inequalities
Section10.CR: Chapter Review
Problem 26E
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Question 7
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Maricopa's Success scholarship fund receives a gift of $ 190000. The money is invested in stocks, bonds, and
CDs. CDs pay 2.5 % interest, bonds pay 2.7 % interest, and stocks pay 8.2 % interest. Maricopa Success
invests $ 20000 more in bonds than in CDs. If the annual income from the investments is $ 7200, how much
was invested in each account?
Maricopa Success invested $
in stocks.
Maricopa Success invested $
in bonds.
Maricopa Success invested $
in CDs.
Question Help: Video Message instructor
Submit Question
Transcribed Image Text:Question 7 ▼ < > Maricopa's Success scholarship fund receives a gift of $ 190000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5 % interest, bonds pay 2.7 % interest, and stocks pay 8.2 % interest. Maricopa Success invests $ 20000 more in bonds than in CDs. If the annual income from the investments is $ 7200, how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs. Question Help: Video Message instructor Submit Question
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